Weighted average life


Also found in: Dictionary, Thesaurus, Medical, Acronyms, Encyclopedia.
Related to Weighted average life: Weighted average maturity

Weighted average life

Weighted Average Life

The amount of time for the principal on a loan or a mortgage to be paid off. The length of the weighted average life depends on the amount of principal paydowns and how often they are made. Once the WAL is calculated, one can determine how long it will take to pay off half of the remaining principal.
References in periodicals archive ?
A sound budgetary performance with operating balance at above 10% of operating revenue, accompanied by improvement of direct risk payback below weighted average life of debt could lead to an upgrade.
8m triple-A rated tranche with a weighted average life of 6.
The weighted average life of debt at three years as of 1 September 2017 was lower than the region's direct risk-to-current balance ratio of 5.
BankWest will offer AUD586m of Class-A notes with a weighted average life of 2.
Seventy Seven percent of interest rate risk due to leverage is hedged using interest rate swaps and floating rate securities that have a weighted average life of 3.
This results in a weighted average life of its debt of about four years, which is short by international comparison, and means the republic may be dependent on capital markets to refinance its maturing debt.
TORRENS Series 2010-1 Trust offering is for AUD601m of Class-A notes with a weighted average life of 2.
The weighted average life (WAL) has decreased to 2 years from 3 years at close, implying that the loans will fully turnover during the reinvestment period.

Full browser ?